BTC broke $70-71K weekly shelf after 1yr hold. Now resistance. Bears in control until weekly reclaim.

For nearly a year, the $70K–$71K weekly band acted as a structural shelf.
Support.
Acceptance.
Confidence.
Now it’s gone.
And this isn’t about intraday wicks — we’re talking about weekly closes below the level. That’s a structural shift, not noise.
When a level holds that long and then breaks, pretending nothing changed is dangerous.
Why $70K Mattered
That zone wasn’t just psychological.
It represented:
• Prior breakout acceptance
• High-volume consolidation
• Institutional cost clusters
• Trend continuation support
Once price loses a level like that and starts closing below it, it flips from support → resistance.
That grey shelf now caps upside until reclaimed.
The Downside Map
As long as $BTC remains below that weekly band:
➜ $60K becomes the first liquidity magnet
➜ $53K (yellow zone) becomes the deeper structural test
Those aren’t dramatic predictions — they’re logical liquidity pools below the breakdown.
Markets move toward inefficiencies.
Right now, liquidity sits lower.
What Flips The Script
The invalidation is simple:
Reclaim $70.8K
Close ABOVE it on a weekly basis
Hold it — not spike it
If that happens, the breakdown becomes a shakeout.
Structure would rotate back toward:
• Mid-$70Ks
• Possibly $80Ks
But until that reclaim happens, the burden of proof stays with bulls.
This Isn’t Emotional — It’s Structural
Every breakdown thesis needs an invalidation.
Here it is.
Below $70K weekly = defensive posture
Above $70.8K weekly hold = structural recovery
No guessing. No bias.
Just levels.
Right now, price is trading beneath a level that defined the market for a year.
That’s not something to ignore.
It’s something to respect.
$BTC #Bitcoin #Crypto
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